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ai <br />and 21. Certain rules regarding the usage of words used in this document are also provided in Section 16. . <br />(A) "Security Instrument" means this document, which is dated ....... ................1�:A6.- 20e3 -... J.(�y � "U ).... ..., together <br />with all Riders to this document. <br />(B) "Borrower" is Qpg@ fa. 11,. 6ads1@ Bn.. A$ in9f@ Pefan@ ............................................................ ............................... <br />........................................................................................... ............................... .11.........1......1........... . <br />Borrower is the trustor under this Sorority Instrument. <br />(C) "Lender" is Heritage Rank ..................................................................................... ............................... . <br />Lender is a Cprp@ fat [@@ ............................ _............................... ............................... organized and existing under <br />the laws of .0e.a)AL110 WrAOR ... ....... .......... .11...11 .......... ... Leader's address is ..13.a.0.N4rt1).WapA . land.P.A:.Iiux.51.06,.. <br />Grand Island. N�. 68602............. ......... .............. ............................................ .. .................................... <br />........ . <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is Tier0fl BanR ... ............................... ..................................... ............................... <br />(E) "Note" means the promissory note signed by Borrower and dated .10:0.0: 2007 ................... ............................... The <br />Note states that Borrower owes Leader fift)(Al@IUalid andna11. 00. ............. .................................. ............................... <br />....................... ..................... Dollars (U.S. $ NAM-- 1....) plus interest. Borrower has promised to <br />pay this debt in regular Periodic Payments and to pay the debt in full not later than ........... .........1.1101. 20.16.......... ......... <br />......................................................................................................................... ............................... <br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, <br />and all sums due under this Security Instrument, plus imerest. <br />(Fn "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be <br />executed by Borrower [check box as applicable): <br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider <br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ Other(s) [spcodyyl ................ .... <br />❑ 14 Family Rider ❑ Biweekly Payment Rider <br />(I) "Applicable Law" means all controlling applicable federal, state and local shrines, regulations, ordinances and <br />administrative rules and orders (that have the effect of law) as well as all applicable final, non - appealable judicial opinions. <br />(J) 'rCoomtunity Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are <br />imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar <br />paper matrumem, which is initiated through an cledrame terminal, telephonic instrument, computer, or magnetic tape so as to <br />order, instruct, or authorize a financial institution to debit or credit an acc.um. Such term includes, but is net limited w, <br />point-of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated <br />clearinghouse transfers. <br />(L) "Escrow hems" means those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds" mean., any compematiou, settlement, award of damages, or proceeds paid by any third party <br />(other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage lo, or destruction of, the <br />Property; (it) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) <br />misrepresentations of, or omissions as to, the value and /or condition of the Property. <br />(N) "Mortgage insurance" meads insurance protecting Lender against the nonpayment of, or default on, the Loan. <br />(0) "Periodic Payment" means the regularly scheduled amoum due for (i) principal and interest under the Note, plus (it) any <br />amounts under Section 3 of (his Security Instrument. <br />(P) "RESPA" meant the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing regulation, <br />Regulation X (24 C.F.R. Part 3500), as they might be amended from time to limo, or any additional or successor legislation or <br />regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and <br />restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan does not qualify as a "federally <br />related mortgage loan" under RESPA. <br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has <br />assumed Borrower's obligations under the Nola and /or this Security hatrumat. <br />FoE'r�IIIm 30N25 11'01I1I1 <br />NEBRASKA— Slnnle Family — Fannie MaalFnaddie Mac UNIFORM INSTRUMENT III I'yI IIII YII I IW IIII <br />Bankers Symms. lw S. Clod, MN Form MD I NE 811112000 11111111 111111111 <br />m, 11M.1 6,.V t l:'Faserl , J n z A 0 <br />I,li t <br />1 ! kl <br />n Z C) <br />m <br />o ti <br />m <br />D N <br />'�- <br />CD <br />eZ3i <br />K <br />A <br />N <br />n <br />s <br />e� <br />[Space Above This Line For Recording Date) <br />c <br />OZ <br />DEED OF TRUST <br />DEFINITIONS <br />Wards used in multiple sections of this document are defined below and other words are defined is <br />Sections <br />3, 11,^111 I8, 20 <br />p� <br />b <br />and 21. Certain rules regarding the usage of words used in this document are also provided in Section 16. . <br />(A) "Security Instrument" means this document, which is dated ....... ................1�:A6.- 20e3 -... J.(�y � "U ).... ..., together <br />with all Riders to this document. <br />(B) "Borrower" is Qpg@ fa. 11,. 6ads1@ Bn.. A$ in9f@ Pefan@ ............................................................ ............................... <br />........................................................................................... ............................... .11.........1......1........... . <br />Borrower is the trustor under this Sorority Instrument. <br />(C) "Lender" is Heritage Rank ..................................................................................... ............................... . <br />Lender is a Cprp@ fat [@@ ............................ _............................... ............................... organized and existing under <br />the laws of .0e.a)AL110 WrAOR ... ....... .......... .11...11 .......... ... Leader's address is ..13.a.0.N4rt1).WapA . land.P.A:.Iiux.51.06,.. <br />Grand Island. N�. 68602............. ......... .............. ............................................ .. .................................... <br />........ . <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is Tier0fl BanR ... ............................... ..................................... ............................... <br />(E) "Note" means the promissory note signed by Borrower and dated .10:0.0: 2007 ................... ............................... The <br />Note states that Borrower owes Leader fift)(Al@IUalid andna11. 00. ............. .................................. ............................... <br />....................... ..................... Dollars (U.S. $ NAM-- 1....) plus interest. Borrower has promised to <br />pay this debt in regular Periodic Payments and to pay the debt in full not later than ........... .........1.1101. 20.16.......... ......... <br />......................................................................................................................... ............................... <br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, <br />and all sums due under this Security Instrument, plus imerest. <br />(Fn "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be <br />executed by Borrower [check box as applicable): <br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider <br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ Other(s) [spcodyyl ................ .... <br />❑ 14 Family Rider ❑ Biweekly Payment Rider <br />(I) "Applicable Law" means all controlling applicable federal, state and local shrines, regulations, ordinances and <br />administrative rules and orders (that have the effect of law) as well as all applicable final, non - appealable judicial opinions. <br />(J) 'rCoomtunity Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are <br />imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar <br />paper matrumem, which is initiated through an cledrame terminal, telephonic instrument, computer, or magnetic tape so as to <br />order, instruct, or authorize a financial institution to debit or credit an acc.um. Such term includes, but is net limited w, <br />point-of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated <br />clearinghouse transfers. <br />(L) "Escrow hems" means those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds" mean., any compematiou, settlement, award of damages, or proceeds paid by any third party <br />(other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage lo, or destruction of, the <br />Property; (it) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) <br />misrepresentations of, or omissions as to, the value and /or condition of the Property. <br />(N) "Mortgage insurance" meads insurance protecting Lender against the nonpayment of, or default on, the Loan. <br />(0) "Periodic Payment" means the regularly scheduled amoum due for (i) principal and interest under the Note, plus (it) any <br />amounts under Section 3 of (his Security Instrument. <br />(P) "RESPA" meant the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing regulation, <br />Regulation X (24 C.F.R. Part 3500), as they might be amended from time to limo, or any additional or successor legislation or <br />regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and <br />restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan does not qualify as a "federally <br />related mortgage loan" under RESPA. <br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has <br />assumed Borrower's obligations under the Nola and /or this Security hatrumat. <br />FoE'r�IIIm 30N25 11'01I1I1 <br />NEBRASKA— Slnnle Family — Fannie MaalFnaddie Mac UNIFORM INSTRUMENT III I'yI IIII YII I IW IIII <br />Bankers Symms. lw S. Clod, MN Form MD I NE 811112000 11111111 111111111 <br />m, 11M.1 6,.V t l:'Faserl , J n z A 0 <br />I,li t <br />1 ! kl <br />